Matthew Corozine Studio Theatre Inc

Analysis

Matthew Corozine Studio Theatre Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Matthew Corozine Studio Theatre Inc reported income of $343k and spending of $364k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $250k to $343k (+37%), an average of +8.3% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Matthew Corozine Studio Theatre Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Royal Palm Players Inc ($343k), Jambalaya Capital of the World- Gonzales Louisiana Inc ($343k) and Museum of African American Art ($343k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $42k (12% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 1 employees.